AI-driven logistics platform Zozio raises €4 million in funds
Zozio, a Paris-based logistics platform, picked up a €4 million round to grow the business internationally.
Zozio raised €4 million in funds. The round was supervised by Capricorn Partners and recognized the contribution of Industrya and The Faktory Fund. The funding serves to expand the Par... Read more
SAS and Cosmo Tech simulate supply chains with digital twins
SAS and Cosmo Tech are developing a digital twin solution for predicting and solving supply chain issues.
Supply chains are complex. Potatoes and rubber plants have a long way to go to chip bags and car tires. Spreadsheets are insufficient for predicting unexpected delivery problems. Artificial... Read more
Docker founders unveil DevOps software development venture Dagger
Docker founders have raised $20m in funding with the launch of the DevOps software deployment venture, 'Dagger.'
Dagger, a DevOps software development venture, revealed today that it had raised $20m in funds in conjunction with the open beta unveiling of the platform that powers software supply ... Read more
Panasonic acquires AI software provider Blue Yonder
Panasonic has announced the acquisition of Blue Yonder. Blue Yonder makes AI algorithms for planning, automation and e-commerce. Panasonic wants to add Blue Yonder's services to its own portfolio.
The takeover involves a transaction of 7.1 billion dollars. This corresponds to some 5.9 billion eu... Read more
Panasonic will pay $6.5 billion to acquire Blue Yonder
Blue Yonder is a supply chain software firm based in the US. Panasonic is aiming to acquire the company, by paying around 700 billion yen ($6.5 billion) for it.
Nikkei reports that the move will be the biggest acquisition by Panasonic since 2011 when it paid $7.36 billion (about 800 billion yen)... Read more
Oracle beefs up its SaaS applications amid COVID crisis
The updates aim to strengthen the company's Cloud-based offering to enterprises coming to grips with the Coronavirus pandemic.
On Tuesday Oracle announced a suite of important updates to its Cloud-based solutions for enterprise. There are improvements to Marketing, Supply chain management, ERP a... Read more